News • 03/09/2023
On June 7, 2022, Loop Capital Markets was mandated as senior co-manager on a $350 million senior unsecured Green bond offering for NiSource Inc. The 30-year bond is rated Baa2/BBB+.
Use of proceeds are earmarked to finance, in whole or in part, Eligible Green Projects. Eligible Green Projects are expenditures to be incurred and investments to be made during the 2023 fiscal year related to the acquisition of the company’s wind energy projects from a developer which include the 302 megawatt (nameplate capacity) Indiana Crossroads Wind project and the 102 megawatt (nameplate capacity) Rosewater Wind project.